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FRX Innovations (TSXV:FRXI) Pretax Margin % : -322.56% (As of Sep. 2023)


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What is FRX Innovations Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. FRX Innovations's Pre-Tax Income for the three months ended in Sep. 2023 was C$-2.75 Mil. FRX Innovations's Revenue for the three months ended in Sep. 2023 was C$0.85 Mil. Therefore, FRX Innovations's pretax margin for the quarter that ended in Sep. 2023 was -322.56%.

The historical rank and industry rank for FRX Innovations's Pretax Margin % or its related term are showing as below:

TSXV:FRXI' s Pretax Margin % Range Over the Past 10 Years
Min: -455.18   Med: -143.03   Max: -117.25
Current: -281.93


TSXV:FRXI's Pretax Margin % is ranked worse than
97.84% of 1526 companies
in the Chemicals industry
Industry Median: 5.525 vs TSXV:FRXI: -281.93

FRX Innovations Pretax Margin % Historical Data

The historical data trend for FRX Innovations's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FRX Innovations Pretax Margin % Chart

FRX Innovations Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
- -143.39 -117.25 -142.67 -455.18

FRX Innovations Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -503.77 -1,038.15 -333.45 -79.45 -322.56

Competitive Comparison of FRX Innovations's Pretax Margin %

For the Specialty Chemicals subindustry, FRX Innovations's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FRX Innovations's Pretax Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, FRX Innovations's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where FRX Innovations's Pretax Margin % falls into.



FRX Innovations Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

FRX Innovations's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-19.254/4.23
=-455.18 %

FRX Innovations's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-2.745/0.851
=-322.56 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


FRX Innovations  (TSXV:FRXI) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


FRX Innovations Pretax Margin % Related Terms

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FRX Innovations (TSXV:FRXI) Business Description

Traded in Other Exchanges
Address
200 Turnpike Road, Chelmsford, MA, USA, 01824
FRX Innovations Inc is a manufacturer of environmentally sustainable flame retardant solutions within the plastics and additives market that serve a number of large markets spanning electronics, automotive, electric vehicles (EV), and medical devices. The company manufactures products under the brand name Nofia. Its product portfolio consists of Nofia Polyphosphonates, which are produced using sustainable green chemistry principles such as a solvent-free production process, no waste byproducts, and atom efficiency; Nofia Homopolymers; Nofia Reactive Oligomers.

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